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527 Sugarbush Access Road,Warren VT, 05674

4,300 sq. ft
Status: Active
MLS#: 4461747
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Berkshire Hathaway HomeServices Verani Realty
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Listing Provided Courtesy Of: William Raveis Stowe Realty - Ken Libby
Last Updated: 12/9/2016 6:07 AM
Description for 527 Sugarbush Access Road Warren, VT 05674
Investment Opportunity in high traffic area. This 2.5 acre parcel contains three buildings with outstanding income. The 1963 built 4 unit apartment building has (3) One BR units and (1) Two BR unit all fully occupied with one year leases. Adjacent is a two bedroom chalet currently occupied. The third building is currently one of the Mad River Valley's outstanding restaurants with a major remodel and rebranding in 2009 featuring a large commercial kitchen, great bar area and ready for the buyer's imagination. Could be a catering, wedding, live band venue or converted into some other retail or residential use. There is plenty of parking for whatever use is planned. The entire property could easily become an attractive BnB. Financial information available to qualified buyer. Current income of the apartments & chalet will cover a new mortgage and the third building will generate your profit margin. General information is for commercial building.
Listing Information
Property Type: Multi-Family, 1 Story
Washington 2.5 Acres
4,300(approx)
$139.3
1960 1
Wood Frame, Clapboard, T111 Siding, Wood
Concrete, Slab
Gas Water Heater
Public Sewer, Septic
Other, Three Phase Available, Propane, Cable TV
6 Total
Neighborhood
Room Information
Interior Features
4,300 Sq. Ft. Above Ground
Electric Range/Cooktop, Refrigerator
Hardwood, Vinyl, Carpet, Stone
Wall Air Conditioning
Gas Heat, Wall Unit, Forced Air
Exterior / Lot Features
Stone Driveway, On Site, Unpaved
Wood, Clapboard
Metal, Asphalt Shingle
Mountain
RR2
Level
Landscaped, Other, Rural, Paved Road, Public Roads, Level
Financial Considerations
$8,671
2015
Listing Price History for 527 Sugarbush Access Road

Warren Real Estate

Warren is located in Vermont. Warren, Vermont 05674 has a population of 1,494.

The median household income in Warren, Vermont 05674 is $61,324. The median household income for the surrounding county is $57,276 compared to the national median of $53,046. The median age of people living in Warren 05674 is 43.8 years.

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Courtesy: William Raveis Stowe Realty Ken Libby
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